Common use of Past Release Clause in Contracts

Past Release. ^ƵďũĞĐƚ ƚŽ >ŝĐĞŶƐĞĞ͛Ɛ ĨƵůů ĐŽŵƉůŝĂ in this Agreement, Licensor hereby irrevocably releases, acquits, and forever discharges Licensee, and Persons that are Licensee Affiliates on the Effective Date, from any and all claims of damages or other liabilities for infringement of the Licensed Patents within the Licensed Field for Past Release. The release set forth herein-above is limited to Wi-Fi 6 Products provided by or for Licensee, and/or Persons that are Licensee Affiliates on the Effective Date, and insofar extends to their successors as well as any downstream customers or end-users. The release in accordance with this Section 2.1 is neither in force nor effect if this Agreement is terminated by Licensor for non-payment of the Compensation for Past Release, as per Section 3.1.1, or other reasons, where Licensor and the Patent Owners will have the right to sue and otherwise seek and obtain compensation from Licensee for any Past Release, without limitation as to the time for bringing any such suit. Licensor, in providing the release of this Section 2.1, relies ŽŶ >ŝĐĞŶƐĞcĞom͛plƐian ceŽwŶithŐitŽs ŝobŶligŐati ons under this Agreement.

Appears in 1 contract

Sources: Sublicense Agreement

Past Release. ^ƵďũĞĐƚ ƚŽ >ŝĐĞŶƐĞĞ͛Ɛ ĨƵůů ĐŽŵƉůŝĂ in this Agreement, Licensor hereby irrevocably releases, acquits, and forever discharges Licensee, and Persons that are Licensee Affiliates on the Effective Date, from any and all claims of damages or other liabilities for infringement of the Licensed Patents within the Licensed Field for Past Release. The release set forth herein-above is limited to Wi-Fi 6 Products provided by or for Licensee, and/or Persons that are Licensee Affiliates on the Effective Date, and insofar extends to their successors as well as any downstream customers or end-users. The release in accordance with this Section 2.1 is neither in force nor effect if this Agreement is terminated by Licensor for non-payment of the Compensation for Past Release, as per Section 3.1.1, or other reasons, where Licensor and the Patent Owners will have the right to sue and otherwise seek and obtain compensation from Licensee for any Past Release, without limitation as to the time for bringing any such suit. Licensor, in providing the release of this Section 2.1, relies ŽŶ >ŝĐĞŶƐĞcĞom͛plƐian ŝĐĞŶƐĞcoĞm͛plƐian ceŽwŶithŐitŽs ŝobŶligŐati ons under this Agreement.

Appears in 1 contract

Sources: Sisvel Wi Fi 6 Sublicense Agreement